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Mobile Startup Germany
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AI-Powered Exam Prep App, Turns Anything Into Flashcards and Quizzes

P&L Documents (1)
Asking Price
$37.6k
Multiples
7.5x profit
The asking price divided by TTM net profit.
Learn more about multiples
2.5x revenue
The asking price divided by TTM gross revenue.
Learn more about multiples
Annual Growth Rate
+11%
TTM Revenue
$15k
Profit
$5k
Last Month's Revenue
$2k
Profit
$400

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Germany

AI-Powered Exam Prep App, Turns Anything Into Flashcards and Quizzes

This AI-powered exam prep app helps students turn almost any study material into ready-to-use flashcards, quizzes, and vocabulary cards in seconds. Users can upload PDFs, photos, screenshots, text, or YouTube content and start studying right away, removing the usual time and effort needed to prepare learning materials. Built for students preparing for tests and exams, the product encourages daily use with spaced repetition, streaks, progress tracking, offline access, and instant AI feedback on text or voice answers. It serves a large, recurring education market with a simple subscription model and clear room to grow. ✅ Bootstrapped, lean, solo-run business with low overhead ✅ 251–500 customers with $15K TTM revenue and $5K TTM profit ✅ Freemium model creates clear upsell opportunities ✅ 11% growth with expansion potential through content, social media, and conversion improvements ✅ Offline access and habit-building features support strong daily engagement and retention
Asking Price
$37.6k
Multiples
7.5x profit
The asking price divided by TTM net profit.
Learn more about multiples
2.5x revenue
The asking price divided by TTM gross revenue.
Learn more about multiples
Asking Price Reasoning
Priced at roughly 2.5x TTM revenue. Over €90k has been invested in development, so a buyer gets a mature, live product for a fraction of the cost to rebuild it. Running costs are low and the app is profitable before discretionary development. Revenue grew 11% year over year with almost no paid marketing, and a six-figure organic user base plus proven creator partnerships leave clear room for growth.
Recent performance
TTM Revenue
Trailing twelve month (TTM) gross revenue.
$15k last 12 months gross revenue
TTM Profit
Trailing twelve month (TTM) net profit.
$5k last 12 months net profit
Last Months Revenue
Total gross revenue last month.
$2k last month gross revenue
Last Months Profit
Total net profit last month.
$400 last month net profit
Customer metrics
Total Downloads
The total number of app downloads to date.
100k Total Downloads
Monthly Active Users
The number of unique users active over the last month.
2.5K-5K MAU
App Store Rating
The current average app store rating (out of 5).
4.2 App Store Rating
Annual Growth Rate
The percentage change in revenue over the last 12 months compared to the previous 12 months.
+11% Annual Growth Rate
User stickiness (DAU/MAU)
Daily active users as a percentage of monthly active users: (DAU ÷ MAU) × 100. E.g. 5,000 DAU ÷ 25,000 MAU = 20%.
8% User stickiness (DAU/MAU)
Paying Users
The number of users on a paid plan.
251-500 Paying Users
Company overview
Date Founded
January 2024
Team Size
Just me (1)
Business Model
  • Business-to-consumer (B2C)
  • Freemium
  • Subscription
  • Edtech
Tech Stack
  • Flutter
  • PostgreSQL
  • SQL
  • OpenAI
  • Dart
  • Supabase
  • PowerSync
  • OneSignal
Growth Opportunities
  • Increase content marketing
  • Improve conversion rates
  • New product features
  • Expand to new markets
  • Social media marketing
Competitors
  • Quizlet
  • StudySmarter
  • phase6
Key Assets
  • Trade names
  • Intellectual property
  • Mobile application
  • Customers
  • Codebase
  • Brand
  • Domain
  • Website
  • Social media accounts
Acquisition details
Selling Reasoning
  • Lifestyle change
Financing
  • Bootstrapped

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